Skip To Content

16321 Pacific Coast Highway

Sunset Beach, CA 90742
  • $3,550,000
  • STATUS: Active
  • ON SITE: 103 Days
  • ID#: PW24038678
UPDATED: 26 min ago
$3,550,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Business Opportunity
Built:
1930
County:

School Ratings & Info

Listing Agent(s): Kathie Sitton of Coldwell Banker Commercial (562-495-6070)


Description

It's not often that an ICONIC bar, once a favorite stomping ground of John Wayne and his friends, PLUS THE BUILDING AND THE LAND THAT IT SITS ON, located in a PRIME location just steps from the beach goes up for sale. And if you don't take advantage of the opportunity to buy this legendary bar and the property now, you might not get the chance to buy it again for another 40 YEARS! TURCS COCKTAILS is well known for its friendly wait staff, generous pours, and kindly owner. Established in 1955, the famous bar is legendary for its beachside dcor accented with a Tiki and bamboo vibe. With a full bar, two indoor firepits, two pool tables, TVs throughout, touch tunes jukebox, and a giant Jenga game; entertainment and fun is endless at Turcs.The property is a mixed-used property situated in a prime Sunset Beach location on 6,077 SF double lot at the corner of Pacific Coast Highway and Anderson. The 2,496 SF two-story ivy covered building includes the 1,900 SF first floor bar area, 271 SF outdoor patio area, and a 596 SF 1 bedroom, 1 bath studio style apartment on the second floor.INCLUDED in the $3.6M purchase price is the land, building, business, goodwill, FF&E, a fully transferable Entertainment License, and the coveted Type 48 Liquor License. The property has its own parking lot, a rarity in Sunset Beach, with approximately +/- 11 parking spots including 1 ADA parking space.The Type 48 Liquor License is one of the most difficult Liquor Licenses to come by and for that reason, is highly coveted. This license allows the ability to serve hard alcohol, beer and wine until 2:00am, to patrons of 21 years or older, and does not require the establishment to serve food. Another major benefit of a Type 48 License is that it allows the sale of liquor, beer, and wine for on-premises consumption and beer and wine for off-premises consumption. This bar and property has been in the family for 40+ years. The owners would love a Buyer to come in and love it and live it as much as they have! There is tons of opportunity to build upon what they have built and make it yours! Financials available upon receipt of a signed NDA which is included as a Supplemental Form. Buyer will be required to provide Proof of Funds with Offer.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-12T11:27:49.477. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brianna Miller | Synergy Real Estate. Licensed in the State of California, USA.
www.briannasellshomes.com/homes/148152816
Print Image

16321 Pacific Coast Highway Sunset Beach, CA 90742

  • Price: $3,550,000
  • Status: Active
  • On Site: 103 Days
  • Updated: 26 min ago
  • ID#: PW24038678
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1930
Built
Neighborhood:
17 - Northwest Huntington Beach
County:
Orange
Area:
17 - Northwest Huntington Beach
Property Description
It's not often that an ICONIC bar, once a favorite stomping ground of John Wayne and his friends, PLUS THE BUILDING AND THE LAND THAT IT SITS ON, located in a PRIME location just steps from the beach goes up for sale. And if you don't take advantage of the opportunity to buy this legendary bar and the property now, you might not get the chance to buy it again for another 40 YEARS! TURCS COCKTAILS is well known for its friendly wait staff, generous pours, and kindly owner. Established in 1955, the famous bar is legendary for its beachside dcor accented with a Tiki and bamboo vibe. With a full bar, two indoor firepits, two pool tables, TVs throughout, touch tunes jukebox, and a giant Jenga game; entertainment and fun is endless at Turcs.The property is a mixed-used property situated in a prime Sunset Beach location on 6,077 SF double lot at the corner of Pacific Coast Highway and Anderson. The 2,496 SF two-story ivy covered building includes the 1,900 SF first floor bar area, 271 SF outdoor patio area, and a 596 SF 1 bedroom, 1 bath studio style apartment on the second floor.INCLUDED in the $3.6M purchase price is the land, building, business, goodwill, FF&E, a fully transferable Entertainment License, and the coveted Type 48 Liquor License. The property has its own parking lot, a rarity in Sunset Beach, with approximately +/- 11 parking spots including 1 ADA parking space.The Type 48 Liquor License is one of the most difficult Liquor Licenses to come by and for that reason, is highly coveted. This license allows the ability to serve hard alcohol, beer and wine until 2:00am, to patrons of 21 years or older, and does not require the establishment to serve food. Another major benefit of a Type 48 License is that it allows the sale of liquor, beer, and wine for on-premises consumption and beer and wine for off-premises consumption. This bar and property has been in the family for 40+ years. The owners would love a Buyer to come in and love it and live it as much as they have! There is tons of opportunity to build upon what they have built and make it yours! Financials available upon receipt of a signed NDA which is included as a Supplemental Form. Buyer will be required to provide Proof of Funds with Offer.
Exterior Features

Parking Total 11 Sign On Property YN No

Property Features

Additional Parcels YN No Business Name TURCS COCKTAILS Business Type Bar/Tavern/Lounge Exclusions Inventory is excluded in the purchase price but can be negotiated. Other personal items that will be listed in the PSA. Inclusions BusinessLandBuildingFF&EGoodwilltransferable Entertainment Licenseand Type 48 Liquor License. Listing Agreement Exclusive Right To Sell Listing Terms CashCash to New Loan1031 Exchange Zoning SBT-Sunset Beach Tourist



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-12T11:27:49.477. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Brianna Miller | Synergy Real Estate. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372441804-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372441804-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372441804-2.jpg
Logo
Brianna Miller | Synergy Real Estate
140 N. Harvard Avenue #341
Claremont CA, 91711
Listing Agent(s): Kathie Sitton of Coldwell Banker Commercial (562-495-6070)